By Ginger Gibson | WASHINGTON WASHINGTON President Donald Trump’s promised “big announcement” next week on overhauling the U.S. tax code, a top campaign pledge, will consist of “broad principles and priorities,” an administration official said on Saturday. The president unexpectedly said on Friday at a Treasury Department event that there would be “a big announcement on Wednesday having to do with tax reform.” In a Twitter message […]
The Congressional Leadership Fund’s ad blitz has been particularly scathing, with one spot panning Ossoff for his college glee club stylings and dressing up as Star Wars’ Han Solo. The super PAC is funded in large part by GOP megadonors such as billionaire casino mogul Sheldon Adelson and his wife, Miriam Adelson; Houston Texans owner Robert McNair and fossil fuel giants Chevron and Devon Energy. So far, […]
BERLIN Thousands of people in Berlin turned out for the first March for Science being held in more than 600 cities worldwide on Saturday due to growing concern about U.S. President Donald Trump’s climate change skepticism and cuts to research funding. Demonstrators carried signs reading “We love experts – those with evidence” and “Science not Silence” for the march from Humboldt University toward the Brandenburg Gate, led […]
He broadened his point to argue that much of the chaos gripping the Middle East today was a result of mistrust between communities over historical wrongdoings that no one is willing to confront. “The past is not the past in the Middle East,” he said. “This is the biggest obstacle to peace and stability in the Middle East.” Eric D. Weitz, a history professor at the City […]
By Ian Simpson | WASHINGTON WASHINGTON U.S. scientists will stage an unprecedented protest on Saturday, a March for Science provoked by steep cuts President Donald Trump has proposed for science and research budgets, and growing disregard for evidence-based knowledge. The march in Washington, timed to coincide with the Earth Day environmental event, will put Trump’s questioning of climate change and proposed cuts to federal science programs at […]
By Francesco Canepa and Gernot Heller | WASHINGTON WASHINGTON Global economic leaders on Friday continued downplaying possible friction with the Trump administration over currencies, trade and other potentially contentious issues, even while acknowledging that much about the U.S. president’s plans remains unclear. On a day when Donald Trump himself seemed focused on domestic matters – promising a new U.S. tax plan next week and announcing reviews of […]
By Roberta Rampton and Colin Packham | SYDNEY SYDNEY Denuclearisation of the Korean peninsula can still be achieved peacefully because of Washington’s new engagement with China, U.S. Vice President Mike Pence said on Saturday, despite growing fears North Korea could soon conduct a new nuclear test. South Korea is on heightened alert ahead of another important anniversary in the reclusive North that could be the trigger for […]
By Angela Moon | NEW YORK NEW YORK Social media did not take kindly to U.S. Attorney General Jeff Sessions referring to the country’s 50th state of Hawaii as just “an island in the Pacific.” Using the hashtag #IslandinthePacific, many on Twitter reminded Sessions that Hawaii is in fact part of the country, the birthplace of former President Barack Obama and home to Pearl Harbor. Sessions told […]
SYDNEY U.S. Vice President Mike Pence said on Saturday the United States would honour a controversial refugee deal with Australia, under which the United States would resettle 1,250 asylum seekers, a deal President Donald Trump had described as “dumb”. Pence told a joint news conference with Australian Prime Minister Malcolm Turnbull in Sydney that the deal would be subject to vetting, and that honouring it “doesn’t mean […]
Photo A woman laid flowers at a makeshift memorial in front of the Reina nightclub in Istanbul in January. On April 6, United States Special Operations forces carried out a ground raid in Syria that killed Abdurakhmon Uzbeki, an ISIS militant who had helped plot the attack on the nightclub. Credit Ozan Kose/Agence France-Presse — Getty Images WASHINGTON — United States Special Operations forces carried out a […]
General counsel from 185 companies are joining the chorus of voices supporting the Legal Services Corp., a major benefactor of civil legal aid that’s at risk of being completely eliminated under President Donald Trump’s proposed budget. The group of top corporate lawyers, from companies including Google Inc., , and , signed on to a letter delivered to all […] (via WSJ)
By Dan Levine and Mica Rosenberg | SAN FRANCISCO/NEW YORK SAN FRANCISCO/NEW YORK President Donald Trump’s travel ban on citizens of six Muslim-majority nations faces its second challenge at a U.S. appeals court next month, and this time more Republican states are backing the measure, while one Democratic state attorney general dropped out of the legal fight this week. Some legal experts say the states’ realignment could […]
By Lindsay Dunsmuir | WASHINGTON WASHINGTON The United States has strongly signalled it will continue to support Ukraine, Finance Minister Oleksandr Danylyuk said on Friday, adding that the war-torn country had a “good, pragmatic” relationship with Washington. Ukraine has previously expressed some nervousness about the possibility the Trump administration might try to cut a deal with Russia over Crimea and the eastern part of Ukraine that has […]
Two pillars — Trump and China — have supported a bounteous few months for global portfolio investors. But the hope invested in both is starting to fade, casting a bearish tinge over what nevertheless remains a largely optimistic picture. In the case of Donald Trump, expectations that the US president would act swiftly to push though tax reforms, deregulation and bold infrastructure investments are starting to ebb […]
MOSCOW Russian state news organisation Rossiya Segodnya said on Friday it objected to a Reuters article it said had falsely claimed that Kremlin-backed media had tried to influence the 2016 U.S. election. A Reuters spokesperson said the news agency stood by the story which reported exclusively on April 19 that a Russian government think tank controlled by Vladimir Putin had developed a plan to swing the election […]
By David Morgan | WASHINGTON WASHINGTON President Donald Trump on Friday promised a big announcement about tax reform next week and ordered an administration review of Obama-era tax rules written to discourage U.S. companies from relocating overseas to cut their tax bills. “We’ll be having a big announcement on Wednesday having to do with tax reform. The process has begun long ago, but it really formally begins […]
While geopolitical concerns and French election uncertainty are factors, The Wall Street Journal notes that many markets are flashing red on growth as investors begin to return to pre-election bets on the ol ‘new normal’ – a persistently weak economic expansion. There are clear signs that the sugar rush of Donald Trump’s victory and global-growth hopes has faded, raising doubts among some investors about whether stocks can […]
After a surly first conversation between the two leaders in January that rattled the United States and Australia’s long-standing alliance, Pence will take a more amiable approach and try to focus on cooperation on trade, defence and more. Trump reportedly exploded and cut short the call when he was told about a deal to move some refugees from Australia to America. That left some in Australia questioning […]
MOSCOW Russia has told the United States it regrets Washington’s opposition to letting its inspectors take part in an investigation into a chemical weapons attack in Syria earlier this month, the foreign ministry said on Friday. It said Foreign Minister Sergei Lavrov spoke by phone to U.S. Secretary of State Rex Tillerson and the two sides agreed to consider one more time an “objective investigation into the […]
TEL AVIV U.S. Defense Secretary Jim Mattis said on Friday that Syria had dispersed its warplanes in recent days and that it retained chemical weapons, an issue he said would have to be taken up diplomatically. The United States launched dozens of missiles earlier this month against a Syrian air base in response to a chemical attack that killed 90 people, including 30 children. It says the […]
It turns out several leading US banks do not require case-sensitive passwords, which could make it easier for someone to access your account. A thread on Reddit on Friday pointed out that Wells Fargo, the third largest bank in the US, doesn’t require its customers to enter a case-sensitive password. Other users confirmed the issue, whereas other banking customers began checking their own accounts and noted that […]
Within the US fixed income market, investors are sending a clear message about the prospect of higher interest rates. In recent weeks, investors have pushed back against a string of leveraged loan transactions, with a handful of deals pulled as money flows into the sector have shrunk. The stumbles underline a diminished appetite for richly valued, floating rate loans, seen as providing investors with some protection from […]
Photo President Trump met with Aya Hijazi in the Oval Office on Friday. Credit Gabriella Demczuk for The New York Times WASHINGTON — President Trump welcomed Aya Hijazi, an American aid worker detained for three years in Egypt, to the Oval Office on Friday after quietly working to secure her release this week. “We are very happy to have Aya back home and it’s a great honor […]
Morgan, Lewis & Bockius LLP has a lost client because of its work for another client: President Donald Trump. Wallace Global Fund, a left-leaning private foundation, has terminated its relationship with Morgan Lewis as a protest against Mr. Trump and the firm’s handling of his business conflicts. The fund’s decision was “out of profound disagreement […] (via WSJ)
